Taking stock: Quick reference guide for government initiatives
*Flowchart below last updated June 2, 2020 (Originally published April 14, 2020)
With the passing of Bill C-14, the COVID-19 Emergency Response Act, No. 2 on April 11, 2020, the federal government has now laid a legislative foundation for various initiatives to assist employers and employees who are affected by COVID-19. The main measures include:
- The new Canada Emergency Response Benefit (“CERB”)
- The new Canada Emergency Wage Subsidy (“CEWS”), a 75% wage subsidy for eligible employers for the 12-week period beginning March 15, 2020
- The new 10% Temporary Wage Subsidy for employers
- Enhanced access to Employment Insurance (“EI”) benefits, including streamlining applications to the EI work-sharing program
Details on emergency response measures have shifted over the past few weeks, as they have evolved in response to our ever-changing situation. We expect this evolution will continue in many respects; notably, we are still awaiting regulations to further clarify some details related to CERB and CEWS.
However, given that the legislation now appears to be place, it seems an opportune moment for a fresh look at the current landscape of options. Recognizing it is a busy time, it is our pleasure to provide a dynamic summary of the mutual interactions between CERB, CEWS, EI and the 10% wage subsidy. We trust this will serve as a helpful reference point when seeking employment and tax advice to find the best options in the circumstances.
*Link to printable PDF version here.
This article is provided for general information only. If you have any questions about the above, please contact a member of our Labour and Employment group.
Click here to subscribe to Stewart McKelvey Thought Leadership articles and updates.
Archive
Download as a PDF
Read MoreDownload as a PDF
Read MoreThis morning the Supreme Court of Canada released its much awaited decision in McCormick v. Fasken Martineau DuMoulin, holding that most legal (and other professional) partnerships are not subject to Human Rights obligations to partners,…
Read MoreNo really. We mean it this time. During the Spring 2014 sitting of the legislature, the PEI government passed legislation that will result in significant changes to the standard automobile policy, effective October 1, 2014. Most…
Read MoreThe Editor’s Corner Clarence Bennett This edition focuses on employment and labour issues in Construction. From occupational health and safety legislation to what you need to know when the union organizer arrives at your workplace.…
Read MoreFederally regulated employers should be aware of changes to the Canada Labour Code (“the Code“) effective April 1, 2014, namely subsections 219 and 223-231 of the Jobs and Growth Act, 2012, chapter 31 of the Statutes of Canada (also…
Read MorePEI Auto Accident Benefits – Behind the Times No More Nicole McKenna and Janet Clark Significant changes are coming to the standard automobile policy in Prince Edward Island (“PEI”), including increases to the accident benefits available under…
Read MoreIN THIS ISSUE: 10 Things employers need to know about employing temporary foreign workers by Andrea Baldwin, Michelle McCann and Sean Kelly. Landlords’ protection from mechanic’ (builders’) liens by Hugh Cameron and Lara MacDougall. The new Canada not-for-profit Corporations Act by Alanna Waberski, Sarah Almon and Kimberly Bungay. Download…
Read MoreOn January 31, 2014, The Office of the Superintendent of Insurance issued a bulletin in Nova Scotia. For 2014, the Minor Injury Cap for Nova Scotia is $8,213. This is a 1.4 per cent increase…
Read MoreIn the Federal Budget 2011, the Government of Canada stated that it would develop a new plan to support public infrastructure beyond the expiry of the 2007 Building Canada Plan in 2013-14. The Government has…
Read More